Startups & Investments recap for 1st Quarter of 2016

As we have entered the 2nd quarter of 2016, let us take a look at the main events regarding the startup industry in the first quarter of 2016. In the first three months of this year, over 480 million dollars of transactions happened owing to acquisitions, and investments.

The investment & acquisition details made public clearly show the lack of trust by up coming startup founders. A huge chunk of startups that raised investment last year also preferred to not disclose investment amounts. Something we discussed in a recent interview with CresVentures.

Startups & Entrepreneurship Programs

Almost 50 startups entered the market through different business incubation and acceleration programs in the country and almost same number of startup founders entered these business incubation centers.